Defense Secretary Robert Gates proposed a budget that would be the first Defense Department overhaul by the Obama administration. The plan has winners and losers as Gates tries to streamline defense procurement, focus on asymmetric and guerrilla threats around the globe and cut costs wherever possible. Here are some of the winners and losers under Gates's proposed budget.

Littoral Combat Ships

Littoral Combat Ships

What it is: The Navy wants a shallow-keel vessel built for speed, to chase down enemies and dispatch helicopters with ease. Lockheed Martin has a monohull prototype, Freedom, and Australia-based Austal launched a contender, the 417-foot Independence, with a trimaran hull to provide a stable ride at high speeds and in rough waves.

The Plan: Gates says the Pentagon will buy three of these close-to-shore warships instead of two.

F-35

F-35

What it is: The F-35s are a family of three aircraft, designated the F-35A (for the Air Force), F-35B (for the Marines) and F-35C (for the Navy). Similar in shape and size, and powered by the same basic engine, the F-35s will share between 70 and 90 percent of their parts.

The Plan: Gates recommends that the Defense Department purchase more F-35 Lightning II Warplanes, commonly known as the Joint Strike Fighter.